21
Sep
11:15
NDRC approves Anyang capacity increase
Central China’s Anyang Iron and Steel has had its restructuring plan approved by the National Development and Reform Commission (NDRC). The plan includes a move towards high end flat product production as well as the expansion of its ironmaking capacity, Kallanish notes.
The company plans to commission a 4,747 cubic metre blast furnace with a hot metal capacity of 3.8 million tonnes/year. The CNY 1.7 billion ($270m) project secured approval in part because…
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Anonymous
Very good overview of the weekly steel market.
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